SalaryNode

Average Sales Managers Salary in Memphis, TN-MS-AR

Sales Managers in the Memphis, TN-MS-AR region earn an average annual salary of $139,280. This figure is notably below the national average of $161,040, suggesting that local market dynamics and economic factors may influence compensation levels. The specific pay structure in Memphis is often a reflection of the regional demand for sales leadership and the overall economic health of the area.

Executive Summary

  • Average Salary: $139,280 per year.
  • Growth Trend: Salaries have shifted 0.2% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $216,010.
  • Outlook: The Memphis, TN-MS-AR area supports a local workforce of 2,140 Sales Managers. With a Location Quotient of 0.88, the concentration of these roles is slightly below the national average, indicating a stable but not overly saturated market. The presence of 3.452 jobs per 1,000 workers suggests a consistent demand for sales leadership within the region's economy.
2024 Market Data

Salary Overview

$139,280

The average Sales Managers in Memphis, TN-MS-AR earns-13.5%below the national average.

BreakdownBased on 40h/week
Hourly

$67

Weekly

$2,678

Monthly

$11,607

Sales Managers Salary Distribution in Memphis, TN-MS-AR

Salary progression for Sales Managers in Memphis, TN-MS-AR typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while senior roles with extensive track records and proven leadership capabilities command salaries in the higher percentiles. These percentile gaps highlight the substantial career growth and earning potential available to dedicated professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$70,300$33.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$104,460$50.2
ManagerOversees team, compliance, and project delivery.50% (Median)$123,140$59.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$174,100$83.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$216,010$103.9

Detailed Sales Managers Market Analysis

Relocation Context

Nominal Salary

$139,280

Gross Pay

Real Wage (Purchasing Power)

$139,280

Adjusted for COL (100)

The average annual salary of $139,280 for Sales Managers in Memphis aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Sales Manager's salary in Memphis is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to everyday expenses.

Job Market Context

2,140

Total Jobs

3.452

Per 1K Jobs

0.88

Location Quotient

Below Average

Memphis, TN-MS-AR has 0.88x the national average concentration of Sales Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.88 for Sales Managers in Memphis indicates that the job market is slightly less concentrated than the national average. This suggests that while there is a solid presence of these roles, there may be opportunities for skilled professionals to enter and advance within the local market without facing intense competition.

Nearby Job Markets

Nearby Cities for Sales Managers

CitySalaryDist.
Jonesboro, AR Sales Managers Salary$146,400↑ 5%64 mi
Jackson, TN Sales Managers Salary$137,660↓ 1%74 mi

Comparing salaries near Memphis, TN-MS-AR

Hiring Sales Managerss?

Frequently Asked Questions

How much does a Sales Managers make in Memphis, TN-MS-AR?

The median annual salary for a Sales Managers in Memphis, TN-MS-AR is $139,280. This typically ranges from $70,300 for entry-level positions to $216,010 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Memphis, TN-MS-AR is 13.5% lower than the national median of $161,040.

Is Memphis, TN-MS-AR a lucrative place for Sales Managers?

Yes, with a balanced cost of living.While the average salary of $139,280 is below the national average, the cost of living in Memphis is also at the national average. This equilibrium means that the salary offers comparable purchasing power to other regions.

Is Memphis, TN-MS-AR a good place to live for Sales Managers?

The Cost of Living Index in Memphis, TN-MS-AR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Memphis, TN-MS-AR?

Some top paying nearby cities include Jonesboro, AR ($146,400) and Jackson, TN.

How does the Memphis Sales Manager salary compare to the national average?

The average salary for Sales Managers in Memphis is $139,280, which is lower than the national average of $161,040.

What is the concentration of Sales Managers in Memphis?

The concentration, measured by the Location Quotient, is 0.88, indicating slightly fewer Sales Managers per capita than the national average.

Does experience impact a Sales Manager's salary in Memphis?

Yes, experience significantly impacts salary, with senior roles commanding higher earnings than entry-level positions, reflecting career progression.

How does the cost of living affect the Memphis Sales Manager salary?

The cost of living in Memphis is at the national average (100), meaning the $139,280 salary provides purchasing power equivalent to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,140 employees in the Memphis, TN-MS-AR area with a job density of 3.452 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Sales Managers • Data source: BLS OEWS 2024 •Jobs in Memphis, TN-MS-AR